AGP Executive Report
Last update: 9 hours agoPower & Negotiations: Government officials went silent on Karpowership’s demand for an extra US$3.4M per day to keep supplying electricity, with the company now asking US$0.095/KW versus the original US$0.076/KW. Mining & Investment: Canadian G Mining Ventures’ Oko West Gold project in Region Seven was highlighted as a “next big thing,” citing progress on processing foundations, tailings, power and river logistics, with first gold targeted for late 2027. Oil & Local Content: Sispro’s women-led consortium says it has partnered with Nigeria’s Bono Energy and is ready to sign a PSA with Guyana within days. Energy Security & Compliance: Ghana-based Cybele Energy risks losing its S7 shallow-water block after failing to pay a US$17M signing bonus, with interest now accrued. Aviation Infrastructure: Three firms bid to build CJIA’s air traffic control tower at Timehri, including two Chinese joint ventures and a Guyanese-led JV. Enforcement: GGMC shut down six illegal mining operations in the Mazaruni Mining District, arresting 38 people and seizing equipment. Education & Construction: 13 contractors bid to build a CPCE Centre in Region Two, with bids ranging from $87M to $113M. Region 7 Development: President Ali announced bridge and water-system projects for Region Seven, alongside continued push for Oko West. Local Content Impact: Minister Bharrat says the Local Content law is driving growth beyond oil—boosting opportunities in farming, housing and other services. Offshore Oil Expansion: ExxonMobil applied for environmental authorizations for the Haimara gas project, set to use a new FPSO in the Stabroek Block.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.